Wish i had more time!
The only stock i have held (without selling) for 10x bags is LNG. I took stock for under $0.50 and it reached a high of $5,00. It's now $1.42... Don't ask...
Percentage gained means little to me though. Profit is everything.
I like to invest and trade with decent positions - The share price doesn't have to move as far for the same result as an early stage speculative 10x bagger (for me anyway).
Economies of scale are in your favour. i.e you would never commit $100,000 to a shell unless you are a mad man. I personally wouldn't commit more than say $10,000 to these fast 3-5 bag moves we are seeing across the ASX now. The risk and volatility don't suit my approach. AND you really can't build a decent position at the beginning as stock is mostly thin until well into the run.
But I would commit $100,000 to a juicy NOR trade that is liquid and makes a swift 50% move. More profit than a 3-5 bag spec run, shorter time frame, less risk.
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Wish i had more time! The only stock i have held (without...
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